Wall Street ends down as data spooks investors awaiting Fed report

The Dow Jones Industrial Average fell 94.42 points, or 0.27%, to 34, 299.33, the S&P 500 lost 8.56 points, or 0.20%, to 4, 246.59 and the Nasdaq Composite dropped 101.29 points, or 0.71%, to 14, 072.86.(File pic shows the Fearless girl statuse on Wall Street - Reuters)

NEW YORK: Wall Street's main indices closed lower on Tuesday as data showing stronger inflation and weaker U.S. retail sales in May spooked already-jittery investors awaiting the results of the Federal Reserve's latest policy meeting.

Assurance from the Fed that rising prices are transitory and falling U.S. Treasury yields have helped ease some concerns over inflation and supported U.S. stocks in recent weeks. All eyes are now on the central bank's statement at the end of its two-day policy meeting on Wednesday.